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TACOMA, Wash, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) (collectively with certain of its wholly owned subsidiaries described below, "HCDI" or "the Company"), a real estate company involved in all aspects of the land development cycle, and certain of its wholly owned subsidiaries today announced that the Company has voluntarily filed for protection under Chapter 11 of the United States Bankruptcy Code in the Western District of Washington at Tacoma (collectively, the "Chapter 11 cases") to pursue an orderly wind down or restructuring of its business. The Company has filed a number of customary first day motions with the Bankruptc
TACOMA, Wash, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced Wally Walker has accepted a position with the University of Virginia as the Deputy Athletics Director and will be relocating to Virginia. As a result, Mr. Walker will be stepping down from his role on the Company's Board of Directors effective immediately. Mr. Walker has been an independent director since October 2020. "Wally's contributions to the Board have been invaluable over the past three years. We are grateful for his
TACOMA, Wash, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, announced 17 new construction homes are available to purchase now and into the fall in the Austin and Horseshoe Bay MSAs. "We are pleased to launch our newest selection of luxury homes in the Hill Country and Horseshoe Bay market. The collection of floorplans showcases the stunning architecture and beautiful interior finishes our homebuyers have come to expect from Harbor. Residents can enjoy the resort-like amenities such as the renowned gol
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10-K/A - Harbor Custom Development, Inc. (0001784567) (Filer)
TACOMA, Wash, July 13, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®,"or the "Company"), a real estate company involved in all aspects of the land development cycle, announced Jeff Habersetzer as the Company's Interim Chief Executive Officer and Interim President at the annual meeting of shareholders held on Wednesday, July 12, 2023, effective immediately. Mr. Habersetzer, who has served as Harbor's Chief Operating Officer, General Counsel, and Corporate Secretary, has been with the Company since 2019 and has played an integral role in the growth and success of the Company. Mr. Habersetzer has an extensive b
TACOMA, Wash, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the Board of Directors have appointed Karen Bryant, former Seattle Storm CEO, as the board's lead independent director, effective immediately. For 25 years, Bryant has run high-profile organizations, navigating complex internal and external dynamics while driving business growth and operational excellence. She was at the helm of women's professional basketball in the Pacific Northwest for 18 y
Gig Harbor, Washington, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the hiring of Lance Brown, as the Company's Chief Financial Officer, effective November 1, 2021. "We are thrilled to welcome Lance Brown to the Harbor team. His experience as a highly successful financial executive of a publicly traded company in our industry provides both the expertise and financial leadership to drive Harbor's rapid expansion into the nation's fastest-growing metro r
Steelcase Inc. (NYSE:SCS) shares moved higher during Wednesday's session following quarterly results. Steelcase posted upbeat earnings for its third quarter, while sales missed estimates. The company said it sees fourth-quarter adjusted earnings of 19 cents to 23 cents per share on revenue of $765 million to $790 million. Steelcase shares gained 12.7% to $14.31 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers ParaZero Technologies Ltd. (NASDAQ:PRZO) climbed 86.4% to $1.3050. ParaZero successfully completed its drone safety project with a Fortune 500 leading automotive manufacturer. Polished.com Inc. (NYSE:POL) shares climbed 77.3% to $1.8794. Jeral
Gainers Polished.com (AMEX:POL) shares rose 252.8% to $3.74 during Wednesday's regular session. The company's market cap stands at $7.8 million. ECARX Holdings (NASDAQ:ECX) shares rose 29.04% to $2.71. The market value of their outstanding shares is at $914.3 million. Tarena International (NASDAQ:TEDU) stock increased by 16.55% to $1.24. The market value of their outstanding shares is at $13.2 million. Genius Gr (AMEX:GNS) stock increased by 15.33% to $0.91. The company's market cap stands at $66.8 million. AMMO (NASDAQ:POWW) stock increased by 10.73% to $2.27. The market value of their outstanding shares is at $268.9 million. WW International (NASDAQ:WW) shares increased by 10.56% to
U.S. stocks traded mostly lower this morning, with the Dow Jones index falling around 75 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.21% to 37,480.08 while the NASDAQ rose 0.01% to 15,005.14. The S&P 500 also fell, dropping, 0.16% to 4,760.63. Check This Out: NVIDIA, G-III Apparel And 2 Other Stocks Insiders Are Selling Leading and Lagging Sectors Communication services shares jumped by 0.9% on Wednesday. In trading on Wednesday, consumer staples shares fell by 0.8%. Top Headline FedEx Corporation (NYSE:FDX) posted weaker-than-expected earnings for its second quarter and lowered its full-year revenue outlook on Tuesday. FedEx report
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TACOMA, Wash, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative real estate company involved in all aspects of the land development cycle, today announced the date of the Company's second quarter 2023 earnings release and presentation. Second Quarter 2023 Earnings Release and Financial Results DetailsHarbor will issue its second quarter 2023 earnings release and supplemental presentation on the morning of Monday, August 14, 2023, which will be available in the Investor Relations section under the events tab of the Harbor website at https://investors.harborcustomdev.
TACOMA, Wash., May 15, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative real estate company involved in all aspects of the land development cycle, today announced its financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights Compared to First Quarter 2022 Sales of $9.2 million compared to $28.6 millionGross loss of $(2.0) million compared to gross profit of $6.1 millionGross margin loss of (22.3)% compared to gross margin 21.2%Net loss of $(4.9) million compared to net income of $1.6 millionBasic loss per share of $(9.39) compared to
TACOMA, Wash, May 04, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. ("Harbor," "Harbor Custom Homes®," or the "Company"), (NASDAQ:HCDI, HCDIP, HCDIW, HCDIZ))), an innovative real estate company involved in all aspects of the land development cycle, today announced the date of the Company's first quarter 2023 earnings release and earnings conference call. Earnings Release and Financial Results Conference Call DetailsHarbor will host a conference call and webcast on Monday, May 15, 2023, at 9:30 a.m. PT (12:30 p.m. ET) to elaborate on the first quarter of 2023. The public may access the conference call and webcast at https://investors.harborcustomdev.com/events. Harbor will b